On the M15 chart the AUD/USD is forming a clear short‑term downtrend after a sharp rally to a 0.7198 resistance level on the 27‑May session. The last three 15‑minute bars have closed below the 0.7185 pivot, with declining volume (56‑475 contracts) confirming weakening buying pressure. Key resistance sits at 0.7194‑0.7198, while the 0.7155‑0.7150 zone marks the nearest strong support, previously tested in the 23‑May range with high‑volume rebounds. A break beneath the 0.7183 entry level would likely trigger a cascade to the 0.7155 target, as the market reverts to the prior downtrend channel. Thus the sell signal aligns with the…

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